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Labor market

Unemployment for recent college grads is the lowest in a generation

by Mitchell Hartman
May 8, 2023
The class of 2023 is entering a strong labor market as employers continue to snap up workers.
College students graduating in 2023 are entering a strong labor market, according to recent data.
Spencer Platt/Getty Images
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Wage gains after changing jobs were lower in April

by Samantha Fields
May 3, 2023
The moderation in pay growth is part of more balanced and stable economic conditions, some economists say.
"The fact that pay gains are decelerating means that demand and supply are coming into better balance," said ADP's Nela Richardson.
Anna Moneymaker/Getty Images
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March jobs report shows more signs of cooling labor market

by Savannah Maher
May 2, 2023
The number of openings decreased for the third straight month in March, but it’s still historically high.
While there were still nearly 9.6 million job openings in March, that's the third straight month of decreases.
Justin Sullivan/Getty Images
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Seasonal foreign workers fill critical landscaping jobs, enabled by easier access to visas

by Elizabeth Trovall
Apr 27, 2023
The number of available H-2B visas available nearly doubled in 2023, providing more people to carry out beautification projects.
Juan Pablo Alvarez Miranda, a seasonal landscaping worker from El Salvador, on the job at Houston's Hermann Park.
Elizabeth Trovall/Marketplace
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The debt limit is not a tool for "extortion," Biden adviser Lael Brainard says

by Kai Ryssdal , Sean McHenry and Sarah Leeson
Apr 26, 2023
The new head of the National Economic Council on inflation, supply chains, jobs and post-SVB bank regulation.
The investing in America agenda “is transformative," Lael Brainard says. "It has the power to reindustrialize the U.S. economy."
Drew Angerer/Getty Images
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In a tight labor market, technical training is everything

by Stephanie Hughes
Apr 20, 2023
Employers need more skilled workers, and some technical and community colleges are getting more funding to train them.
There has been an uptick in overall state funding for technical and community colleges, which hospitals often rely on to train registered nurses and surgical technicians.
Mario Tama/Getty Images
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Another small college closes as declining enrollment and a hot job market bite

by Stephanie Hughes
Apr 12, 2023
More than half a dozen have announced they're closing over the past year or so.
A new Alabama law limits publicly funded institutions from endorsing or mandating DEI programs.
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U.S. workers are filing more unfair labor practice complaints

by Henry Epp
Apr 11, 2023
The rise coincides with an increase in union organizing.
Activists in support of unionized rail workers protest outside the U.S. Capitol Building on Nov. 29, 2022 in Washington, D.C.
Anna Moneymaker/Getty Images
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Immigration is slowly increasing after a stark pandemic drop

by Savannah Maher
Apr 10, 2023
Here's what that could mean for the labor market — and inflation.
Above, a U.S. naturalization ceremony in Boston on Jan. 5. An uptick in the number of immigrants could help ease persistent labor shortages.
Joseph Prezioso/AFP via Getty Images
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Job openings fall as the labor market slows

by Mitchell Hartman
Apr 5, 2023
Job openings fell by more than 1.3 million in January and February, according to fresh data, but are above pre-pandemic levels.
Employers added fewer jobs than expected in February, according to data from the Department of Labor, but openings remain above pre-pandemic levels.
Dean Mitchell/Getty Images
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